What should a nonprofit strategic plan include?

What should a nonprofit strategic plan include?

What Should You Include in Your Strategic Plan?

• Your nonprofit’s mission, vision, and values.
• Your nonprofit’s goals and how you will reach them through achieving objectives and activities.
• An assessment of current resources.
• An analysis of your organization’s strengths, weaknesses, opportunities, and threats (SWOT)

What are the five steps in the strategic planning process?

5 steps of the strategic planning process

1. Determine your strategic position.
2. Prioritize your objectives.
3. Develop a strategic plan.
4. Execute and manage your plan.
5. Review and revise the plan.

What are the elements of a strategic plan?

Here are the 7 basic elements of a strategic plan: vision, mission, SWOT analysis, core values, goals, objectives, and action plans.

What are the four key elements of strategic planning?

What are the key components of corporate strategy?

• Visioning. Setting the high-level direction of the organization – namely the vision, mission and potentially corporate values – is the overriding purpose of the visioning component.
• Objective Setting.
• Resource Allocation.
• Prioritization or Strategic Tradeoffs.

How do you do strategic planning?

Developing Your Basic Strategic Plan Document

1. Write Your Mission Statement.
2. Write Your Vision Statement.
3. Write Your Values Statement.
4. Conduct an External Analysis.
5. Conduct an Internal Analysis.
6. Identify Strategic Issues.
7. Establish Strategic Goals.
8. Develop Staffing Plan.

How do we initiate the strategic planning process?

7 Steps to Kick-Start Your Strategic Planning Process

1. Identify your mission statement.
2. Create a vision of the future.
3. Develop core values and guiding principles.
4. Create long-term goals and smart objectives.
5. Establish an action roadmap with timelines.
6. Build a communication plan.

What is the most important part of the strategic planning process?

The key to identifying the most important elements of a strategic plan is to choose goals and objectives that expand your potential without straining your resources or creating too much risk.

How to create a strategic plan for your nonprofit organization?

Today, let’s take a look at how you can: 1. Collaborate to define your nonprofit strategic planning goals. 2. Use your strategic planning goals to develop measurable objectives. 3. Prioritize objectives for your nonprofit strategic plan. 4. Revisit your strategic plan to make necessary adjustments.

What are the steps in the strategic planning process?

However, below is an outline of the steps generally used in a Strategic Planning process. 1. Conduct a SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats 2. Develop or revise the mission statement 3. Create a plan that includes: 4. Connect planning efforts with ongoing operations 5.

How do you plan for the future of your nonprofit?

Looking at external as well as internal factors (such as your own nonprofit’s staff capacity to accomplish its goals) is important. Looking ahead and planning for the future actually should be continuous: As various factors change, the nonprofit may need to adjust its plans.

What is a good template to use for strategic planning?

However, the Minnesota Council of Nonprofits Strategic Plan is a good template to use as a reference. It does not include tactical detail or metrics, but is otherwise a strong framework. The strategic planning process is most successful when carefully structured in advance.